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Tag: Federal Reserve

European shares choppy as earnings fail to set trend

European shares steadied on Tuesday as a batch of company updates failed to set a clear trend and chipmakers were weighed down by a warning of a downturn in orders by Austria-based chipmaker AMS, which supplies Apple. The pan-European STOXX 600 benchmark ended flat at the end of a choppy day, marginally weighed down after […]

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Investors jittery but tech stocks gain as the US awaits key inflation data

US stock index futures rose on Thursday, as investors await key inflation data and as beaten down technology stocks posted slim gains after a roller coaster week for Wall Street. The three major indexes are on track to log their worst quarter in more than two years on concerns over a global trade war and […]

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US stocks re-enter correction territory on Trump Chinese tariff plan

The Dow Jones briefly re-entered correction territory on Thursday after industrials and steel stocks tumbled following the Trump administration’s plan for heavy import tariffs aimed at China renewed investor concern about the break out of a global trade war. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all closed down more than 2 […]

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Shares fall as trade war concerns depress confidence

Shares slid on Wednesday as trade war fears dented investors’ confidence and the US Federal Reserve raised interest rates by 0.25 per cent. DUBLIN Financial services group IFG fell 2.91 per cent to €2.12 after reporting 2017 losses of €400,000. Elsewhere in Dublin, stocks exposed to Britain’s retail or consumer market suffered in the wake […]

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US-China trade war concerns send shares tumbling

Concerns about trade sent European shares tumbling on Thursday as the US prepared to announce hefty tariffs on Chinese imports, with banks, basic resources stocks and tech the worst-performing. “It was a very weak day across Europe,” an equities trader in Dublin-based Davy said. US stocks also went into the red as investors shifted focus […]

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Market shares fall as trade war concerns depress confidence

Shares slid on Wednesday as trade war fears dented investors’ confidence and the US Federal Reserve raised interest rates by 0.25 per cent. DUBLIN Financial services group IFG fell 2.91 per cent to €2.12 after reporting 2017 losses of €400,000. Elsewhere in Dublin, stocks exposed to Britain’s retail or consumer market suffered in the wake […]

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Sell-off in tech stocks eases as investors mull earnings growth

A sell-off in technology shares that began Monday in Asia and picked up pace in the US began to ease Tuesday, as investors mull the potential for weaker earnings growth among companies that have led gains over the past year. Stocks came off their lows of the day in Tokyo, and were up in Seoul […]

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Italian politics and weak banks weigh on European shares

European shares dipped on Wednesday as strong results from Adidas and robust mining stocks were more than offset by weak banks and a drop in Italian stocks over fresh political jitters. Italy’s FTSE MIB index fell 1.1 per cent, turning lower after right-wing leader and aspiring prime minister Matteo Salvini reiterated his party’s view that […]

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Italian politics, banks weigh on European shares

European shares dipped on Wednesday as strong results from Adidas and robust mining stocks were more than offset by weak banks and a drop in Italian stocks over fresh political jitters. Italy’s FTSE MIB index fell 1.1 per cent, turning lower after right-wing leader and aspiring prime minister Matteo Salvini reiterated his party’s view that […]

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European stocks drift as investors wait US inflation report

European stocks drifted following a mixed session in Asia and the dollar climbed as investors awaited the US inflation report for clues on the pace of Federal Reserve policy-tightening. Treasury yields edged higher and oil slipped. The Stoxx Europe 600 Index traded little changed after six days of gains. Earlier, Japanese stocks fluctuated before closing […]

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